London Stock Exchange · Technology
Invest in t42 IoT Tracking Solutions stock from India
Indian and foreign residents can buy t42 IoT Tracking Solutions (TRAC) shares directly through Paasa.
By Paasa · Updated
t42 IoT Tracking Solutions at a glance
- Price
- £0.03-£0.00 (0.76%)
- Market cap
- £2.40M
- Day range
- £0.03 – £0.04
- P/E
- -18.90
- Dividend yield
- None
- Volume
- 2.04M
- 1 month
- -11.49%
- 6 months
- -0.76%
- YTD
- +52.33%
- 1 year
- +77.03%
- 5 years
- -54.51%
t42 IoT Tracking Solutions statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $6.2M | $4.2M | $4.0M | $4.0M | $4.2M |
| Gross profit | $2.6M | $1.5M | $2.1M | $1.7M | $1.3M |
| Operating income | $371.6K | −$884.0K | −$122.0K | −$1.4M | −$2.7M |
| Net income | −$588.1K | −$1.7M | −$420.0K | −$1.0M | −$3.0M |
| Earnings per share | −$0.01 | −$0.03 | −$0.01 | −$0.02 | −$0.06 |
| EBITDA | $847.4K | −$793.0K | $878.0K | −$515.0K | −$2.3M |
| Total assets | $3.8M | $4.4M | $5.0M | $5.0M | $6.4M |
| Total debt | $4.2M | $4.6M | $3.9M | $3.4M | $3.1M |
| Cash and short-term investments | $571.2K | $147.0K | $186.0K | $174.0K | $1.5M |
| Shareholders' equity | −$2.9M | −$2.7M | −$939.0K | −$538.0K | $193.0K |
| Operating cash flow | $432.9K | $602.0K | −$199.0K | −$951.0K | −$382.0K |
| Free cash flow | $431.9K | $592.0K | −$349.0K | −$1.4M | −$714.0K |
| Capital expenditure | −$1.0K | −$10.0K | −$150.0K | −$484.0K | −$332.0K |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| RC365 | RCGH.L | £0.09 | £1.42B |
| Mobility One | MBO.L | £0.08 | £802.56M |
| Tern | TERN.L | £0.01 | £723.53M |
| Dillistone | DSG.L | £0.14 | £504.71M |
| Acuity RM Group Plc Ord | ACRM.L | £0.01 | £251.12M |
| CloudCoCo | CLCO.L | £0.00 | £187.08M |
| Rosslyn Data Technologies | RDT.L | £0.01 | £89.53M |
| PipeHawk | PIP.L | £0.02 | £83.52M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in t42 IoT Tracking Solutions from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search TRAC and buy
Find t42 IoT Tracking Solutions by name or by its ticker, TRAC, and place your order.
Why invest in t42 IoT Tracking Solutions from India
What t42 IoT Tracking Solutions does
t42 IoT Tracking Solutions PLC, a technology firm formerly known as Starcom plc until November 2021, specializes in developing advanced automated systems. These solutions enable remote tracking, continuous monitoring, robust protection, and efficient management for a diverse range of assets, including individuals, vehicle fleets, shipping containers, and other valuable items. t42 IoT Tracking Solutions operates in the Hardware, Equipment & Parts industry within the Technology sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy t42 IoT Tracking Solutions stock from India?
Yes. Indian residents and NRIs can buy t42 IoT Tracking Solutions (TRAC) shares directly through Paasa. t42 IoT Tracking Solutions is listed on the London Stock Exchange, in the Hardware, Equipment & Parts industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are t42 IoT Tracking Solutions dividends taxed for Indian investors?
t42 IoT Tracking Solutions trades on the London Stock Exchange but is domiciled in Israel, so any withholding on its dividends follows that country's rules rather than those of the UK. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell t42 IoT Tracking Solutions shares?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Is there stamp duty when I buy t42 IoT Tracking Solutions shares?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.